Former ICBC Shanghai Branch President Gu Guoming was sentenced to life imprisonment for embezzling 136 million yuan. (Image source: Internet)
[See China News on August 14, 2021](See a comprehensive report by Chinese reporter Miao Wei) ChinaICBCFormer President and Party Secretary of Shanghai Branch of a company limited by shares (hereinafter referred to as Industrial and Commercial Bank of China)Gu GuomingSentenced to life imprisonment and accused of accumulating 136 million yuan.In addition to accepting bribes, Gu Guoming’s private life is also very corrupt, revealing himselfUnspoken rules32 female subordinates.
According to a mainland official media report, on the morning of August 12, 2021, the Shanghai No. 1 Intermediate Court publicly sentenced Gu Guoming to life imprisonment for the crime of accepting bribes and deprived of political rights on the prosecution of Gu Guoming by the No. 1 Branch of the Shanghai Procuratorate. For life, all personal property shall be confiscated.
The investigation found that from June 2002 to June 2019, Gu Guoming served successively as the vice president, president, and party secretary of the Shanghai Branch of Industrial and Commercial Bank of China Limited, in charge of the credit approval department and the credit management department. , Preside over the work of the whole bank, etc. From 2005 to 2019, Gu Guoming took advantage of the above-mentioned position to provide assistance to relevant units and individuals in handling financing loans, project funding, contracting projects and other matters, seeking benefits, and the total amount of bribes received was equivalent to more than 136 million yuan.
The verdict stated that after Gu Guoming arrived in the case, in addition to truthfully confessing the criminal facts involving bribery of RMB 5,861,300 that the organ handling the case had known, he also voluntarily reported the bribery status of more than RMB 131 million that the organ handling organ had not known, so he should be sentenced as appropriate.
Public information shows that Gu Guoming, born in September 1967, is a veteran of ICBC Shanghai Branch. He served as the deputy president of the branch in June 2002, and served as the president of the branch in September 2015 until he was dismissed in June this year. He served as the deputy president of the bank for 17 years and served as the 15th Shanghai Municipal People’s Congress. Representatives and so on.
In June 2019, Gu Guoming was investigated as the president of ICBC Shanghai Branch. On November 20 of the same year, the official website of the Central Commission for Discipline Inspection announced the news that Gu Guoming had been “double-opened”.
The notification stated that Gu Guoming violated the rules for entering and leaving private clubs, illegally accepting others to recharge his golf membership card, borrowing management service objects’ houses and vehicles free of charge, engaging in profit-making activities illegally, using his power to seek personal gains for relatives and friends, and fighting with illegal businessmen.
Shanghai “Xinmin Weekly” once reported that Gu Guoming had corrupted his morals and his life had corrupted. He had personally admitted 32 female subordinates under the unspoken rules, which was shocking. Photos of these female subordinates were also exposed online.
According to a report on Caixin.com, Gu Guoming confessed to more than a dozen internal ICBC employees who had a sexual relationship with him. For a while, almost everyone in the ICBC Shanghai branch was in danger.
“Caixin.com” stated that Gu Guoming managed the Shanghai branch very “firmly” through personnel arrangements. Soon after Gu Guoming was investigated, Lu Hong, vice president of ICBC Shanghai Branch and in charge of the Financial Market Department, was also assisted in the investigation. And Lu Hong was pulled up by Gu Guoming with one hand.
In addition, Gu Guoming and Liu Shiyu, the former chairman of the China Securities Regulatory Commission, are involved in a related person, He Minhua. The business woman has formed a huge network of relationships with the Shanghai financial circle and is suspected of huge transfer of interests. He Minhua owns Shanghai Oriental Huafa Enterprise Development Co., Ltd., which is mainly engaged in hotel business and has poor qualifications.
According to Lu Media, in addition to Liu Shiyu and Gu Guoming, at least more than 30 CCP financial officials (including financial institution executives and financial regulatory agency officials) have been investigated in 2020, including Hu Huaibang, former party secretary and chairman of the China Development Bank, China Liu Fuguo, Chief Auditor of the Bank’s Ningxia Branch, Yi Jun, Party Secretary and Chairman of Guobao Life Insurance, Wang Jikang, former Party Secretary and Chairman of Guangzhou Rural Commercial Bank, and Xie Ming, former Party Committee Member and Vice President of ICBC Chongqing Branch.
Source: Look at China
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